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Image 1 - 5001 Thomas Ave S, Minneapolis, Minnesota, 55410 - House for sale

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Thomas Ave S, Minneapolis, Home For Sale

5001 Thomas Ave S, Minneapolis, Minnesota, 55410

Thomas Ave S, Minneapolis, Home For Sale

house for sale

Listed: 08/23/24

5001 Thomas Ave S, Minneapolis, Minnesota, 55410

2 Bed:

2 Bath:

1,730 Sq Ft Living Area:

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Price

$ 499,900

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About This House

Great investment property opportunity with this duplex in the heart of Southwest Minneapolis. Convenient location just blocks from Lake Harriet and Bde Maka Ska, many trails, parks and easy hwy access. Hardwood floors, open and bright kitchen and dining, sunroom. Both units have 1 BR and 1 full bath. Shared basement access with laundry and ample storage space. Separate 1 car garage and driveway for each unit. Perfect option to lease both units short or long term, or owner to live in one side and lease the other unit.

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Fulton Housing & Living

Household Income

Median household income: $63,590

Number of households: 175,233

The average household income in Minneapolis, MN grew from $60,789 to $63,590 in the past year. This data is an estimate based upon 175,233 households in Minneapolis, MN.
The chart below presents how household income is distributed in Minneapolis, MN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Minneapolis, MN compared to median property taxes around the country. The prevalent amount of property taxes in Minneapolis, MN equals $3k+ , which is more than the national average.